WallStSmart

American Healthcare REIT, Inc. (AHR)vsW P Carey Inc (WPC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

American Healthcare REIT, Inc. generates 32% more annual revenue ($2.26B vs $1.71B). WPC leads profitability with a 27.3% profit margin vs 3.1%. WPC trades at a lower P/E of 30.8x. WPC earns a higher WallStSmart Score of 72/100 (B).

AHR

Hold

46

out of 100

Grade: D+

Growth: 8.0Profit: 4.5Value: 5.7Quality: 4.0
Piotroski: 5/9Altman Z: 0.62

WPC

Strong Buy

72

out of 100

Grade: B

Growth: 7.3Profit: 7.5Value: 6.7Quality: 3.8
Piotroski: 4/9Altman Z: 0.56
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AHRUndervalued (+36.1%)

Margin of Safety

+36.1%

Fair Value

$80.62

Current Price

$50.21

$30.41 discount

UndervaluedFair: $80.62Overvalued
WPCUndervalued (+54.1%)

Margin of Safety

+54.1%

Fair Value

$157.51

Current Price

$72.93

$84.58 discount

UndervaluedFair: $157.51Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AHR2 strengths · Avg: 9.0/10
EPS GrowthGrowth
306.2%10/10

Earnings expanding 306.2% YoY

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

WPC4 strengths · Avg: 9.3/10
Operating MarginProfitability
50.9%10/10

Strong operational efficiency at 50.9%

EPS GrowthGrowth
218.1%10/10

Earnings expanding 218.1% YoY

Profit MarginProfitability
27.3%9/10

Keeps 27 of every $100 in revenue as profit

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

Areas to Watch

AHR4 concerns · Avg: 2.5/10
Return on EquityProfitability
2.5%3/10

ROE of 2.5% — below average capital efficiency

Profit MarginProfitability
3.1%3/10

3.1% margin — thin

P/E RatioValuation
119.5x2/10

Premium valuation, high expectations priced in

Free Cash FlowQuality
$-14.09M2/10

Negative free cash flow — burning cash

WPC3 concerns · Avg: 3.0/10
P/E RatioValuation
30.8x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
5.7%3/10

ROE of 5.7% — below average capital efficiency

Altman Z-ScoreHealth
0.562/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : AHR

The strongest argument for AHR centers on EPS Growth, Price/Book. Revenue growth of 11.9% demonstrates continued momentum.

Bull Case : WPC

The strongest argument for WPC centers on Operating Margin, EPS Growth, Profit Margin. Profitability is solid with margins at 27.3% and operating margin at 50.9%. PEG of 1.47 suggests the stock is reasonably priced for its growth.

Bear Case : AHR

The primary concerns for AHR are Return on Equity, Profit Margin, P/E Ratio. A P/E of 119.5x leaves little room for execution misses. Thin 3.1% margins leave little buffer for downturns.

Bear Case : WPC

The primary concerns for WPC are P/E Ratio, Return on Equity, Altman Z-Score.

Key Dynamics to Monitor

AHR profiles as a value stock while WPC is a mature play — different risk/reward profiles.

AHR carries more volatility with a beta of 1.18 — expect wider price swings.

AHR is growing revenue faster at 11.9% — sustainability is the question.

WPC generates stronger free cash flow (221M), providing more financial flexibility.

Bottom Line

WPC scores higher overall (72/100 vs 46/100), backed by strong 27.3% margins. AHR offers better value entry with a 36.1% margin of safety. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

American Healthcare REIT, Inc.

REAL ESTATE · REIT - HEALTHCARE FACILITIES · USA

American Healthcare REIT, Inc. is a leading real estate investment trust that specializes in the acquisition and management of a diverse portfolio of high-quality healthcare facilities throughout the United States, including senior housing, skilled nursing, and medical office properties. By partnering with top-tier operators, the company delivers consistent cash flows and sustainable growth, while focusing on improving the quality of life for residents and patients. With the ongoing expansion of the healthcare real estate sector, American Healthcare REIT offers a compelling investment opportunity for institutional investors looking to capitalize on essential services within a resilient market.

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W P Carey Inc

REAL ESTATE · REIT - DIVERSIFIED · USA

WP Carey is among the largest net-lease REITs with an enterprise value of approximately $ 18 billion and a diversified portfolio of operationally critical commercial real estate that includes 1,215 net-lease properties covering approximately 142 million square feet as of March 30. September 2020.

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